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he said from the beginning if obama wants it, why are we going to do it? at the end of the day congress can sit around but these directly affect us. as students, think about the division tax breaks, things will go away and affect my family. within i look at congress, i see it's shifted to one side. i don't know. i feel like they need to step up and make a compromise. with obama it's like a mandate, with the taxing the wealthiest americans, if he's elected which by a landslide, maybe they need to catch up and form and modernize the party. >> reporter: how much does the political posturing, how is that to watch this churn day after day for the past several days? >> it's rough. i was watching yesterday when the president spoke, hoping maybe they had come to some point. hearing him say we're close but not there yet, it's like these are things that directly affect americans and if this is your job, this in is why we elect you, it's waiting each day, it's kind of like -- it's cliff, though cliff is a misleading term it is a good term. it's like jumping over, wai
he said from the beginning if obama wants it, why are we going to do it? at the end of the day congress can sit around but these directly affect us. as students, think about the division tax breaks, things will go away and affect my family. within i look at congress, i see it's shifted to one side. i don't know. i feel like they need to step up and make a compromise. with obama it's like a mandate, with the taxing the wealthiest americans, if he's elected which by a landslide, maybe they need...
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the obama administration coming under even more scrutiny over a september 11th terror attack at the u.s. consulate in bicep ghazi that killed -- benghazi that killed the u.s. ambassador and three other americans. u.s. ambassador to the u.n. susan rice first attributed it to a spontaneous uprising about an anti-muslim film. that turned out to be false, and now congressional leaders in both parties are demanding answers. and likely the most scandalous incident of the year throwing america's national security into crisis, former cia director david petraeus stepping down over an affair with his biographer, paula broadwell. it's later revealed that the top u.s. general in afghanistan, john allen, is under investigation for inappropriate communication with socialite jill kelley. but the intermingling doesn't stop there. the fbi agent who began this entire investigation is himself accused of sending this picture to kelley. he later says it was e-mailed as a joke. yes, 2012 was the year of falling from grace for many of these personalities, and in the digital world we all live in, the question
the obama administration coming under even more scrutiny over a september 11th terror attack at the u.s. consulate in bicep ghazi that killed -- benghazi that killed the u.s. ambassador and three other americans. u.s. ambassador to the u.n. susan rice first attributed it to a spontaneous uprising about an anti-muslim film. that turned out to be false, and now congressional leaders in both parties are demanding answers. and likely the most scandalous incident of the year throwing america's...
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so people in congress, members of congress are saying e we definitely want her to testify. we want her to explain what happened. and then after that, theoretically, you could have the man whom president obama wants to be the next person in line to go through his nomination hearings and we could move forward. but look where we are. it's three weeks before the inauguration. time is really moving fast. >> had that's for sure. thanks so much. jill dougherty at the state department. >>>. wedding vows and not new year's resolutions are being recited today as another state allows same-sex marriages. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> same-sex couples are now tying the knot in a new stat
so people in congress, members of congress are saying e we definitely want her to testify. we want her to explain what happened. and then after that, theoretically, you could have the man whom president obama wants to be the next person in line to go through his nomination hearings and we could move forward. but look where we are. it's three weeks before the inauguration. time is really moving fast. >> had that's for sure. thanks so much. jill dougherty at the state department....
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for "good morning america," jonathan karl, abc news, washington. >>> president obama says the agreement reached by the senate is the, quote, right thing to do for our country and is encouraging the house to pass it without delay. >>> secretary of state hillary clinton is spending this new year's day in a new york hospital where she is being treated for a blood clot near her brain. doctors are using blood thinners to try to break up the clot which was found more than two weeks after clinton fainted and suffered a concussion. while the clot could have been serious, even fatal, doctors say she's expected to make a full recovery. >>> in california, a big new year's eve fireworks show in sacramento was called off at the last minute because of a deadly shooting. two people were killed and three others injured in a gunfight outside a restaurant and police decided to call off the nearby celebration that was expected to draw 40,000 people. >>> but here in new york city, the big apple, things were peaceful as more than a million people packed times square for the biggest new year's eve celebratio
for "good morning america," jonathan karl, abc news, washington. >>> president obama says the agreement reached by the senate is the, quote, right thing to do for our country and is encouraging the house to pass it without delay. >>> secretary of state hillary clinton is spending this new year's day in a new york hospital where she is being treated for a blood clot near her brain. doctors are using blood thinners to try to break up the clot which was found more than...
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. >> reporter: president obama said he want taxes and spending cuts at the same time. >> but with this congress that was a little too much to hope for at this time. >> reporter: house speaker john boehner has not publicly endorsed the deal. tara mergener for cbs news, washington. >> now, the house is set to reconvene today at 9 a.m. pacific time. a house vote is expected today or tomorrow. >>> what a night. no fog this year, perfectly clear last night for fireworks along the waterfront here in san francisco. it's beautiful out there. a lot of people showed up for the 15-minute display and jammed the streets near the bob barker. when it was all over, i think most of them are still out there, it was crowded getting into work today but there was some violence during the new year's celebration here in the city. cbs 5 reporter cate caugiran is in san francisco with the problems police had with the new year's crowd and has the latest. >> reporter: good morning. happy new year. san francisco police had their hands full because some celebrations did not go as planned. there were two separate s
. >> reporter: president obama said he want taxes and spending cuts at the same time. >> but with this congress that was a little too much to hope for at this time. >> reporter: house speaker john boehner has not publicly endorsed the deal. tara mergener for cbs news, washington. >> now, the house is set to reconvene today at 9 a.m. pacific time. a house vote is expected today or tomorrow. >>> what a night. no fog this year, perfectly clear last night for...
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. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaer john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law. terrell? >> tara mergener in washington, thank you so much. the bill also extends unemployment benefits for 2 million people. it prevents a 27% cut in fees for doctors who treat medicare patients. but many americans will see a tax hike because the bill does not affect a scheduled 2% increase in the payroll tax. it also kicked the can down the road on automatic spending cuts for the defense department and domestic programs. they've been postponed for two months. as lee cowan reports, that uncertainty has many business owners worried. >> reporter: jo ann vinute is running the numbers. her payroll is due this week. although she at least now has a hint on what taxes to withho
. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaer john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law. terrell? >> tara mergener in washington, thank you so...
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. >> brian: straight ahead, president obama wanted congress to get raises. but most americans think they're doing a very bad job. will lawmakers see more money in their paychecks? there is an update. >> steve: kind of a diplomay day in washington. chances are you watched the times square ball drop. down south it was all about the peach. we're going to show you how the rest of the country rang in the new year when "fox & friends" rolls on live from new york city >> brian: more than a billion people -- okay, a million. gather to do watch a ball drop in times square. another part of the country, people rang in the new year with some unusual traditions. atlanta, it was all about the peach. the 800-pound peach is juicy, has been a tradition since 1989. in orlando, more fruit. thousands of people gathered to drop the orange. >> juliet: why are you talking like that? >> brian: this year, not only rang in the new year, but marked the 500th anniversary of florida's discovery of the orange. >> juliet: yea, to florida. >> brian: we discovered florida. it was just sitti
. >> brian: straight ahead, president obama wanted congress to get raises. but most americans think they're doing a very bad job. will lawmakers see more money in their paychecks? there is an update. >> steve: kind of a diplomay day in washington. chances are you watched the times square ball drop. down south it was all about the peach. we're going to show you how the rest of the country rang in the new year when "fox & friends" rolls on live from new york city...
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the white house hopes to have president obama's signature on the legislation by the time the new congress takes office at noon on thursday. that would minimize the impact of not having a deal in place by the start of the year. another spending battle is also brewing on capitol hill. the government is close to reaching its debt limit. the treasury is taking steps to delay reaching the $16.4 trillion borrowing limit. yesterday it stopped issuing new debt for two government retirement funds. that won't impact current retirees. treasury secretary timothy geithner announced last week that his department will adopt measures to save about $200 billion. that's going to keep the government from reaching its limit for about two months. >>> we've also got much more information coming ahead in the next few hours on this deal right here on news4 today. again on news 4 at 5:00 and at 11:00. you can also read about it by going to nbcwashington.com. >>> today is the day some couples in maryland thought would never come. same-sex marriage became legal at the stroke of midnight and it's exactly how some co
the white house hopes to have president obama's signature on the legislation by the time the new congress takes office at noon on thursday. that would minimize the impact of not having a deal in place by the start of the year. another spending battle is also brewing on capitol hill. the government is close to reaching its debt limit. the treasury is taking steps to delay reaching the $16.4 trillion borrowing limit. yesterday it stopped issuing new debt for two government retirement funds. that...
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president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today, whether to follow the senate's lead and hike taxes on the wealth. from capitol hill, i'm steve handelsman, nbc news. bill, back to you. >> well, thanks, steve. >>> we have new details today on secretary of sate hillary clinton and the blood clot that has her hospitalized. the clot is located in a vein in a space between the brain and the skull, near her right ear. it did not cause a stroke or neurological damage. doctors say she's making excellent progress. the blood c
president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without...
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hampered in the states by riwor washington by adivided congress and abroad by the low cost competition, the president's options to reward unions are limited. >> there are things the president can do and we'll be expecting that leadership from president obama. >> reporter: one option, executive orders and federal regulations. more than 5700 new ones have been posted in the last 90 days alone. there is another option. >> the way to do it from the union's perspective is to raise those workers' pay around the world. >> reporter: u.s. unions are trying to do just that, laying the groundwork to protect workers from detroit to juarez to shanghai to bogota. getting governments in multinational corporations to agree is another matter. dug mcelway, fox news. >>> a big sports star in d.c. announces he is ready to tie the knot. >> oh, my gosh. >> we'll tell you who is officially off the market. >> wait. so he is off the market. >> i was trying to give them hope. >> it's okay. you didn't write t hear what head coach mike asian-pacific hand is saying about sunday's big win as the team looks ahead to
hampered in the states by riwor washington by adivided congress and abroad by the low cost competition, the president's options to reward unions are limited. >> there are things the president can do and we'll be expecting that leadership from president obama. >> reporter: one option, executive orders and federal regulations. more than 5700 new ones have been posted in the last 90 days alone. there is another option. >> the way to do it from the union's perspective is to raise...
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president obama released a statement shortly after the senate vote. it reads in part "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> that vote may not come right
president obama released a statement shortly after the senate vote. it reads in part "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> that vote may not come...
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with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff.
with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might...
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with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how the major averages closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington
with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might...
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with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how the major averages closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington
with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might...
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. >> so many people thought, nowth that president obama was reelected, that we still wouldn't receive the same sort of gridlock in congress. >> it won't happen, it won't be different until incumbents are beaten just for being an incumbent, and that didn't happen. even the approval rating is 9 o 10%.%. >> let me ask you about this.th we haven't finished this deal yet, and as we wait for the clock to tick down here and hopefully get this deal accomplished, we're going to have to deal with a debt ceilinb in a few more weeks.ee how frustrating is this? >> you took the words away from me, because that's what i was going to bring up. brlast time, the credit rating f the united states for the first time was dropped, and remember the president said we talked about this a few sundays ago, said i'm not going to play thato game again.inn. he wanted a permanent doing away with that, then he settled, and said i'll do two years, now it's off the table, so that's what republicans are using asus leverage to get what they want, and you're right.e that will be an annual trainua wreck. >> and if we don'
. >> so many people thought, nowth that president obama was reelected, that we still wouldn't receive the same sort of gridlock in congress. >> it won't happen, it won't be different until incumbents are beaten just for being an incumbent, and that didn't happen. even the approval rating is 9 o 10%.%. >> let me ask you about this.th we haven't finished this deal yet, and as we wait for the clock to tick down here and hopefully get this deal accomplished, we're going to have to...
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president obama said he would have preferred a grand bargain that solves all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. it may be we can do it in stages. >> reporter: negotiations have been going on all day, lawmakers and aids moving back and forth between meeting rooms on what is normally a quiet new year's eve. the major sticking point now is spending. the president suggested lawmakers take action on deficit reduction in the next few months and that more tax revenue could be involved in those discussions. but republicans are furious at that possibility. >> i'm willing to support revenue to deal with this problem. the overall problem. but what i will not agree to is using revenue to replace spending reductions. >> reporter: even if the senate frawfs deal by midnight the house still has to pass the measure before the president can sign into it law. randall pinkston, cbs news, washington. >> even if it takes a few days to finish lawmakers say the cuts will be made retroactively but for federal em
president obama said he would have preferred a grand bargain that solves all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. it may be we can do it in stages. >> reporter: negotiations have been going on all day, lawmakers and aids moving back and forth between meeting rooms on what is normally a quiet new year's eve. the major sticking point now is spending. the president suggested lawmakers take...
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congress could pass it red rho actively. >>> breaking news in prince william county. we have just learned a county police officer died following in fiery crash at the intersays of nobodiesville road and piper lane. officer chris young was riding on a motorcycle at the time. you can see the van was the other vehicle. we're still gathering information about this accident. we'll bring you more throughout the evening. >>> it's been a cold new year's eve so far today. doug kammerer has the forecast for us. >> things looking okay out there. look for a sprinkle, maybe a flurry, but don't expect it to impact your plans. take a look, and the cloud cover continues to make a way in. you can see a lot of what looks like rain and snow back toward the west, but most of this not reaching the ground. the atmosphere just a little too dry. as i mentioned, maybe a sprinkle or flurry. later on, i'll update the exact midnight temperatures. many of those locations all looking pretty good. i'll talk about that coming up, plus how cold will we start off 2013. >>> about a million people expec
congress could pass it red rho actively. >>> breaking news in prince william county. we have just learned a county police officer died following in fiery crash at the intersays of nobodiesville road and piper lane. officer chris young was riding on a motorcycle at the time. you can see the van was the other vehicle. we're still gathering information about this accident. we'll bring you more throughout the evening. >>> it's been a cold new year's eve so far today. doug kammerer...
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and of course, president obama sort of continuing his public campaign to pressure congress, not only republicans, but also, democrats who have expressed skepticism about this deal and not getting enough in new revenues. the president saying, look, this is not a perfect deal, not grand bargain, the big deal they had initially hoping for and working on but it is a deal nonetheless and will prevent at least part of the fiscal cliff set to go in to effect in a matter of hours now. >> mike, we talk a lot here about the sequester, the income tax rates for the wealthy and other issues that need to be resolved or one on the table. one that's not on the table, the payroll tax extension is just gone. unemployment insurance extension looks like it's part of this. and medicare dock fix. you have any sense of two other things that obama's been looking for here? one is an extension of the expansion of the refundable tax credits of stimulus in 2009. these are things pushing for. if that's part of it and obama looking for at least some infrastructure, some stimulus spending. are any of those compone
and of course, president obama sort of continuing his public campaign to pressure congress, not only republicans, but also, democrats who have expressed skepticism about this deal and not getting enough in new revenues. the president saying, look, this is not a perfect deal, not grand bargain, the big deal they had initially hoping for and working on but it is a deal nonetheless and will prevent at least part of the fiscal cliff set to go in to effect in a matter of hours now. >> mike, we...
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what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some friction between even a democratic controlled white house and a democratic controlled house or a democratic controlled congress, there is some friction built in, whether it's a democrat, a democratic republican or a republican. mostly privately they said he didn't listen to us and care about the house. never searched in the house. how open are the liens of communication on the fiscal cliff between house democrats, yourself, leader pelosi, and the white house, whether it's president obama or vice president biden or senior level staff that you feel as though what you guys want and need
what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some...
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but with this congress that was obviously a little too much to hope for at this time. [laughter] >> maybe we can do it in stages. we'll solve this problem instead in several steps. last year in 2011 we started reducing the defend city through $1 trillion in spending cuts. those have already taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. so that would add additional hundreds of billions of dollars to deficit reduction. so that's progress. but we are going to need to do more. keeping in mind last month republicans in congress said they would never agree to raise tax rates on the really nest americans. obviously the agreement would raise those rates permanently. [applause] >> but keep in mind we still have more work to do. we have deficits that need to be dealt with and we need to think about how to put our economy on a long-term trajectory of growth and infrastructure to help our economy grow. keep in mind the threat of tax hikes going up
but with this congress that was obviously a little too much to hope for at this time. [laughter] >> maybe we can do it in stages. we'll solve this problem instead in several steps. last year in 2011 we started reducing the defend city through $1 trillion in spending cuts. those have already taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. so that would add...
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president obama has signed 290 bills passed by congress this year. this compares to 383 bills passed last year. his approval rating currently stands at a nice round that 18% according to politics average. from the youth list to the downright e'en, a survey from airfare revealed that flyers found -- nearly 25% of the vote. united airlines coming in second with 21% and followed by alta and u.s. airways. the social network suspending its new year's eve messaging tool. it allowed them to read the messages of private users. diane, a big raise. >> that is right. we are watching netflix shares very closely. this comes out after they cut his take last year. the stock is up almost 32% since the start of 2012. reed hastings is doubling his outlook. trading is light as expected. the dow is up 11. the nasdaq is up about 22. the s&p is up about five points. dagen: thousands of small businesses around the country are waiting for the outcome around washington. the results could have a serious impact when it comes to withholding taxes from employees paychecks. jeff
president obama has signed 290 bills passed by congress this year. this compares to 383 bills passed last year. his approval rating currently stands at a nice round that 18% according to politics average. from the youth list to the downright e'en, a survey from airfare revealed that flyers found -- nearly 25% of the vote. united airlines coming in second with 21% and followed by alta and u.s. airways. the social network suspending its new year's eve messaging tool. it allowed them to read the...
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>> senator, we heard president obama say in an interview that if congress can't get anything done and we go over the fiscal cliff, that plan "d" essentially is to have another vote on january 4th when the new congress comes in, and that would just be a straight up or down vote on extending tax cuts for middle class families making up to $250,000 a year. do you think that's what happens? >> i'm hoping that we resolve this today to give the american people some certainty. the president doesn't seem too eager to actually get involved and find solutions to deal with the number one problem facing our country. if you do what the president just proposed and raise taxes on those folks, it helps fund the government for seven days. it doesn't deal with our fundamental spending problem in this country. bottom line is the president is the only one with a pen who can sign into law something and he ought to be very involved with making sure that he gets something that he will sign that will pass both a republican controlled house and a democrat controlled senate. >> senator, i mean there's been a l
>> senator, we heard president obama say in an interview that if congress can't get anything done and we go over the fiscal cliff, that plan "d" essentially is to have another vote on january 4th when the new congress comes in, and that would just be a straight up or down vote on extending tax cuts for middle class families making up to $250,000 a year. do you think that's what happens? >> i'm hoping that we resolve this today to give the american people some certainty....
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. >> that incredible to some people, but nonetheless before this past weekend, president obama quietly signed a executive order that gives a small pay raise to two million federal workers and a small pay raise to all 535 members of congress. they will get an extra $900 each in the forthcoming year starting march 27th. but they get a pay raise. so the people who could not come to an agreement on cutting spending will in fact be spending more on themselves using money which we do not have. heather: speaking of all that spending we are expected to hit the debt ceiling in just hours. another blow to the economy. >> that means that we are about to run out of money and we can not borrow anymore. treasury secretary tim geithner says, well, we'll move some money around so we won't default on our obligations but nonetheless we are out of money. this means if a debt ceiling deal is not included any fiscal cliff deal, and it is not likely to be. gregg: then this debt mess continues for a few months. and we've still got to argue that out in congress between congress and the president. heather: gei
. >> that incredible to some people, but nonetheless before this past weekend, president obama quietly signed a executive order that gives a small pay raise to two million federal workers and a small pay raise to all 535 members of congress. they will get an extra $900 each in the forthcoming year starting march 27th. but they get a pay raise. so the people who could not come to an agreement on cutting spending will in fact be spending more on themselves using money which we do not have....
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president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts a nonstarter for many of his fellow democrats. and they now appear to be off the table. just about any deal congress and the president come up with now will drive deficits even higher. >> reporter: and the other thing we'll be watching closely, the markets. on friday the dow was down 160 points. if you look at the last five days of trading excluding christmas, five down days in a row. skidish investors are keeping close eye on congress to see if they can come up with anything. back to you guys. >> all right. thank you very much. checking some of our other top stories secretary of state hillary clinton remains in a new york city hospital after doctors discovered a blood clot stemming from a concussion she had. she is being treated with medication and will most likely stay in the hospital for the next 48 hours. the clot was discovered yesterday during a follow up appointment. >>> former president george h.w. bush also
president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts a nonstarter for many of his fellow democrats. and they now appear to be off the table. just about any deal congress and the president come up with now will drive deficits even higher. >> reporter: and the other thing we'll be watching closely, the markets. on friday the dow was down 160 points. if you look...
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president obama is urging congress to do a number of things to pass a ban on assault weapons. . a ban on high capacity ammunition clips as well as to close the gun show loophole. he's also talked about wanting to make sure that mental health is an issue and that people have access to resources to deal with m mental health issues. as much access to mental health care as they would to a gun. >> these are just bruising battles on capitol hill. the gun lobby is organized. they are motivated. is there any reason to think this administration really is motivated to take on that kind of a fight? >> reporter: i think it's something personnel for president obama. that's really the sense that he's given. when he said this was the worst day of his presidency, you could see how much he was affected by this. he said when it comes to this task force, he wants recommendations by the new year. this is something he wants congress to deal with. i think it's still to be seen whether there's an appetite to deal with it in congress because the rhythm of the stories is it's a tragedy but the motivatio
president obama is urging congress to do a number of things to pass a ban on assault weapons. . a ban on high capacity ammunition clips as well as to close the gun show loophole. he's also talked about wanting to make sure that mental health is an issue and that people have access to resources to deal with m mental health issues. as much access to mental health care as they would to a gun. >> these are just bruising battles on capitol hill. the gun lobby is organized. they are motivated....
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president obama is the most admired man. >>> congress will spend part of the new year in session, trying to come up with a deal that will prevent the nation from going over the fiscal cliff. >>> the american academy of pediatrics has released a new statement encouraging elementary schools to let kids have their play time. recess gives children the opportunity to develop skills that can't be taught in the classroom, that it should not serve as a substitute for phys. ed. class. fond farewell 75 watt incandescent light bulb. under law, they can no longer be produced or imported as of january 1st though retailers can clear their remaining stocks. government will turn out the lights on traditional 60 and 40-watt bulbs in 2014. >>> it's what everyone is talking about, i think. reality tv star kim kardashian and rapper kanye west are expecting their first child. west made the announcement last night at a concert in atlantic city. west is 35. kardashian is 32, she is in the process of divorcing kris humphries, whom she married in 2011. >>> still ruled at the box office, stayed on top for a third
president obama is the most admired man. >>> congress will spend part of the new year in session, trying to come up with a deal that will prevent the nation from going over the fiscal cliff. >>> the american academy of pediatrics has released a new statement encouraging elementary schools to let kids have their play time. recess gives children the opportunity to develop skills that can't be taught in the classroom, that it should not serve as a substitute for phys. ed. class....
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president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets were closed on christmas but down every single one of those days. in washington, doug luzader, fox news. >> sit down with law makers for an inside look at the last minute fiscal cliff negotiations. >> plus, counting down the hours until maryland makes history. how the free state is getting ready for tomorrow's first same sex marriage. >> we're going to show you the dramatic video of a russian plane crashing alongside a crowded highway. >> a live look outside. the latest weather and traffic coming up next. we'll be right back. >>> checking world news this morning. video from a plane cras
president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets...
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congress did something great and president obama signed it. it was called the jobs act. it was about growth and a lot of growth through innovation. what it did is made easier forebitt entwhistles to raise money. they could crowd funds, go out to more people before having these commission regulations, they could do many other things they couldn't do under the present law. but it did require the security and exchange commission to issue some rules. it turns out those rules have still not been issued. it's been about a year now and they've been held up because the chairman of the sec, chairwoman, shapiro, no relation to me, decided to sit on them because she was concerned about her legacy, according to some e-mails. >> dave: here is what patrick mchenry, congressman said about all of this. quote, a direct result of pressure from one special interest group and the personal agenda of the chairman. where does this go from here? has it just been permanently shelfed? >> no. it can't be permanently shelfed because there is too much support for it. this is bipartisan. republicans
congress did something great and president obama signed it. it was called the jobs act. it was about growth and a lot of growth through innovation. what it did is made easier forebitt entwhistles to raise money. they could crowd funds, go out to more people before having these commission regulations, they could do many other things they couldn't do under the present law. but it did require the security and exchange commission to issue some rules. it turns out those rules have still not been...
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president obama says gop leaders have rejected his proposals to make a comprehensive deal. republicans say they are willing to work together. so what does this mean for you? coming up in the next hour, we'll talk live with congressman jerry connelly and congressman phil roe for a closer look at the looming deadline. >>> still ahead this hour, secretary of state hillary clinton hospitalized. we'll have an update on her condition. we'll be right back. (vo) sometimes the big plan doesn't work. and the perfect life turns out to be not so perfect. you start fresh. new city. new job. new everything. it's exciting, and scary, at the same time. and some days you think, "i can't do this on my own." but then...i went to suntrust. they helped me figure things out. and before you know it, i am doing it... (anncr) at suntrust, helping people shine is what we do. join the thousands who are switching to suntrust's award-winning service. >>> secretary of state hillary clinton will spend the new year in a new york hospital so doctors can treat her for a broad clot. >> it is the result of a
president obama says gop leaders have rejected his proposals to make a comprehensive deal. republicans say they are willing to work together. so what does this mean for you? coming up in the next hour, we'll talk live with congressman jerry connelly and congressman phil roe for a closer look at the looming deadline. >>> still ahead this hour, secretary of state hillary clinton hospitalized. we'll have an update on her condition. we'll be right back. (vo) sometimes the big plan doesn't...
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. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with david gregory on "meet the press." we have details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at a time when the economy is starting to pick up. >> reporter: he again called on lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they are behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> reporter: after the interview republican leaders accused the president of assigning blame instead of leading. >> so when they say leadership falls on you mr. president you don't have a role here in breaking this impasse? you've had
. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with david gregory on "meet the press." we have details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at...
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agreement but yesterday on nbc's meet the press, president obama said gop leaders have rejected his proposal to make a comprehensive deal. >> we don't yet see an agreement and now, the pressure is on congress to produce. >> we are willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> today, senate majority leader harry reid could push for a fallback bill which roe woo raise taxes on families making $250,000 a year or more. that plan would also extend unemployment benefits for two million americans. >>> in our other top story, police continue to search for answers in the murder of a college student. xavier strangefellow was a sophomore in virginia. a vigil was held last night at battlefield high school in haymarket. stringfellow was a graduate of the school. he was found stabbed to death. his body was found inside a crashed minivan. police say he had been involved in an altercation. there has been an arrest made in this case. 22-year-old johnny bonilla is charged with murder. >>> a very happy new year for comex couples in maryla
agreement but yesterday on nbc's meet the press, president obama said gop leaders have rejected his proposal to make a comprehensive deal. >> we don't yet see an agreement and now, the pressure is on congress to produce. >> we are willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> today, senate majority leader harry reid could push for a fallback bill which roe woo raise taxes on families making $250,000 a year or...
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about this morning. >> the president spoke to nbc's meet the press about the urgency for congress to act and placed the blame on republicans. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership and i suggested if they want kant to a comprehensive package let's at minimum make sure people's taxes don't go up and 2 million people don't lose unemployment insurance. i was optimistic yesterday but we don't see an agreement now the pressure is on congress to produce. if they don't what i have said is in the senate we should introduce legislation that would make sure middle class taxes stay where they are. >> donald trump will react to the current state of the negotiations at 7:00 a.m. eastern. >>> time now for your 5@5:00. the top five stories making news at this hour and a fox news alert. she was supposed to be back on the job this week but hillary clinton is now in the hospital. a spokesman says a blood clot was found in a follow up exam for her co
about this morning. >> the president spoke to nbc's meet the press about the urgency for congress to act and placed the blame on republicans. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership and i suggested if they want kant to a comprehensive package let's at minimum make sure people's taxes don't go up and 2 million people don't lose...
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president obama plans to submit gun control legislation to congress in 2013. that will deal with assault weapons specifically, as well as background checks on gun sales. as you might realize, it's spurred on by the school massacre in newtown, connecticut, killed 20 children and 6 adults. murdered his mother and killed himself. speaking yesterday on "meet the press," the president says something has to fundamentally change in this country. that newtown shootings cannot feel like what he called a routine episode. >> that was the worst day of my presidency, and it's not something that i want to see repeated. >> vice president joe biden is leading a task force that will submit legislative proposals to the president in january. >>> also, happy new year, new zealand. auckland. and the start of 2013 with the fireworks display from sky tower, tallest free standing structure in the southern hemisphere. >> and as auckland rings in the new year, preparation under way in times square. heart of new york city, coming up next. >> and more from washington for you. >> my messa
president obama plans to submit gun control legislation to congress in 2013. that will deal with assault weapons specifically, as well as background checks on gun sales. as you might realize, it's spurred on by the school massacre in newtown, connecticut, killed 20 children and 6 adults. murdered his mother and killed himself. speaking yesterday on "meet the press," the president says something has to fundamentally change in this country. that newtown shootings cannot feel like what...
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. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house co. an hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthieri would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only beh that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overliove overriding theme. >> reporter: after the interview, republicans accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't have a role in breaking this impact? you've had a tough go with congress. >> david, at a certain point, if folk
. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house co. an hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthieri would raise tax rates on wealthy americans, a major...
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it was the penalty the congress imposed on itself last year. now, half of the cuts are directed at the pentagon but president obama said today the dramatic across the board cuts can be offset by raising taxes on the rich. >> if we have raised some revenue by the wealthy paying a little bit more, that would be sufficient to turn off what is called the these automatic spending cuts and that would have a better outcome for our economy long term. >> reporter: senator graham said he thinks it is possible to find the money in cuts elsewhere to spare the defense department. but he thinks a bipartisan agreement probably can't be reached until february or march. >>> so at this point, there is no agreement on how to avoid the fiscal cliff but lawmakers managed to reach an agreement on another big issue. they have extend the farm bill by one year. it was set to expire soon and would have nearly doubled the current price of a gallon of milk sending it soaring to about $7 a gallon. >>> coming up, sometimes getting in trouble can lead to something good. >> u
it was the penalty the congress imposed on itself last year. now, half of the cuts are directed at the pentagon but president obama said today the dramatic across the board cuts can be offset by raising taxes on the rich. >> if we have raised some revenue by the wealthy paying a little bit more, that would be sufficient to turn off what is called the these automatic spending cuts and that would have a better outcome for our economy long term. >> reporter: senator graham said he...
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. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house correspondent kristin welker has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income, and the whole economy could slow down at a time when the economy's actually starting to pick up. >> reporter: he again called on lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overliove overriding theme. >> reporter: after the interview, republicans accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't have a
. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house correspondent kristin welker has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in...
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on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at a time went economy's actually starting to pick up. >> reporter: he, again, called on lawmakers to strike a deal or hold a vote on his plan, which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding, unifying theme. >> reporter: after the interview, republican leaders accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't have a role here in breaking this impasse? you have had a tough go with congress. >> david, at a certain point, if folks can't say yes to good offers, then i also have an obligation to the american people to make sure that the entire burden of de
on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at a time went economy's actually starting to pick up. >> reporter: he, again, called on lawmakers to strike a deal or hold a vote on his plan, which would raise tax rates on wealthy americans, a major sticking point for...
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. >> reporter: president obama says it's important for congress to vote on some type of package before the fiscal cliff deadline expires. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an upor -- up or down vote, one that protects the middle class from a hike, extends insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. >> the current congress only be in session until january 3rd. after that, 13 new senators and 82 new house members will take over and inherit this huge problem, right out of the congressional gate. audrey barnes, fox 5 news. >> critics are most concerned about the -- spending will be cut by more than $50 billion but exactly what is cut is still to be determined. >> going to affect the operational force that's deployed in terms of its ability to maintain its equipment, to get repair parts and that forces -- not just the force that's in afghanistan that's being reduced. it
. >> reporter: president obama says it's important for congress to vote on some type of package before the fiscal cliff deadline expires. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an upor -- up or down vote, one that protects the middle class from a hike, extends insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more...
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passed by congress. now, remember, and this is one of my predictions, foreign policy could sneak up on us. whatever we think that everything is about domestic policy, it often turns out to be about foreign policy and president obama will get frustrated with congress. as a second term president he'll probably do what other second term presidents have done, focus on foreign policy. >> juliet: all right, and your final prediction has to do with neil cavuto. >> this i believe, neil cavuto will continue to lose bets to me. now, neil doesn't get up this early on sunday as you know, but i hope somebody tells him what the prediction is, it was crystal clear in the crystal ball. >> juliet: we'll get to get his reaction. >> dave: i'll tell him right now and try to get his reaction on twitter. thank you. is your car ready for the long winter ahead? what you should always keep handy to make sure you're safe on the roads, it's next. ♪ slow ride, take it easy ♪ this is america. we don't let frequent heartburn come
passed by congress. now, remember, and this is one of my predictions, foreign policy could sneak up on us. whatever we think that everything is about domestic policy, it often turns out to be about foreign policy and president obama will get frustrated with congress. as a second term president he'll probably do what other second term presidents have done, focus on foreign policy. >> juliet: all right, and your final prediction has to do with neil cavuto. >> this i believe, neil...
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it is unclear if any can get enough votes to pass congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clarke cooper is executive director. thanks for joining me, clarke. here's that ad. this ad speaks volumes. wouldn't your party be happy to have a
it is unclear if any can get enough votes to pass congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. six men were already held on rape charges. now they're charged with murder. >>> chuck...
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congress cannot get out of its own way. >> average family would pay an extra $3,400 next year. >> the law says that every american's tax rates are going up. every american's paycheck will its mother. if that the impasse has shaken wall street, -- the impasse has shaken wall street. >> i think the likelihood is we go over the fiscal cliff. >> jim moran is wondering if partisan politics has destroyed the chance for any agreement. >> i don't think we will be up to reach a deal, no matter how small it might be. >> the american people are watching what we do. obviously, their patience is already thin. >> if senate leaders reached a deal, rank-and-file senators could vote by sunday, house member sunday night. right now there is not enough time left, they really need a deal tomorrow to beat the monday midnight deadline. richard reeve, abc 7 news. >> in addition to working on a deal on the fiscal cliff president obama has ordered 50 u.s. troops to the african country of chad to help evacuate american citizens and embassy personnel from the neighboring countr rebel forces are approaching the c
congress cannot get out of its own way. >> average family would pay an extra $3,400 next year. >> the law says that every american's tax rates are going up. every american's paycheck will its mother. if that the impasse has shaken wall street, -- the impasse has shaken wall street. >> i think the likelihood is we go over the fiscal cliff. >> jim moran is wondering if partisan politics has destroyed the chance for any agreement. >> i don't think we will be up to...
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. >> reporter: president obama said that it's important for congress to vote on some type of package before it expires. >> if the agreement is not reached in time between senator reid and senator mcconnell, i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to two million americans looking for a job and lace the ground work for future cooperation on more economic growth and deficit reduction. >> reporter: the current congress will be in session until january 3rd. after that, 13 new senators and 82 new house members will take over and unher it the huge problem out of the congressional gates. audrey barns, fox 5 news. >>> love that song. redskins fans coming down to tomorrow night's kickoffs against the rival, the cowboys. a lot is on the line and lindsay murphy joins us now. feels like christmas eve all over again. >> and i am going to -- some football. >> reporter: redskins have had nailbiters this year and this is the first since 1979 t
. >> reporter: president obama said that it's important for congress to vote on some type of package before it expires. >> if the agreement is not reached in time between senator reid and senator mcconnell, i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to two million americans looking for a job and lace the ground work for future...
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president obama says he remains optimistic, but he says no bargain could be reached in congress, then congress must vote on his back up plan to block taxes for anybody making less than $250,000 a year. chief congressional correspondent mike emmanuel has more. mike, you just got new details 23r* mitch mcconnell. what are they? >> that's right. discussions have been taking place all day. both sides have been trading paper, ideas and that talks continue. we understand legislative staff will continue working into this evening. meanwhile, huer is a fair and balanced look at where things stand. >> i do think that something will happen over the next few days relative to the revenue piece. hopefully we can rescue most americans from a tax increase. but what we haven't dealt with again is the spending component. jay we just can't afford -- >> we just can't afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time r
president obama says he remains optimistic, but he says no bargain could be reached in congress, then congress must vote on his back up plan to block taxes for anybody making less than $250,000 a year. chief congressional correspondent mike emmanuel has more. mike, you just got new details 23r* mitch mcconnell. what are they? >> that's right. discussions have been taking place all day. both sides have been trading paper, ideas and that talks continue. we understand legislative staff will...